sorry I think I see now your co-ceo has a JD, missed that on the first pass.

I missed out on Colorado Springs and probably Reno.

Hi Stephon, I'm just reading this post so I missed you.  

The intrinsic value stays the same, but the value of the dollars used to purchase it are going down, meaning you need more of them to buy it.BiggerPockets does a great job of beating the drum for CashFlow and Appreciation, but what you're missing is two important factors.

I saw the market going up while renting in the area and didn't want to miss the opportunity.

I'd like to know just in case if there are areas I have missed.

If tenants are already paying the mortgages you may miss out on some deductions by paying off the properties.

Even if buying a property Subto in GA and you live in FL, you could miss something and the whole deal does a "crash and burn".

You can make the mortgage Have a balloon payment in 2 1/2 years so that you don't miss out on the IRS tax exemption rule of living in your primary home two of the last five years.

I would not give them their deposit back because they missed a month, which turned into two, which turned into an eviction, which turned into them moving in their family and so on.